MYSZ Stock | | | USD 4.17 0.61 12.76% |
My Size financial indicator trend analysis is infinitely more than just investigating My Size recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether My Size is a good investment. Please check the relationship between My Size Quick Ratio and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Quick Ratio vs Net Income
Quick Ratio vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
My Size Quick Ratio account and
Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between My Size's Quick Ratio and Net Income is -0.68. Overlapping area represents the amount of variation of Quick Ratio that can explain the historical movement of Net Income in the same time period over historical financial statements of My Size, assuming nothing else is changed. The correlation between historical values of My Size's Quick Ratio and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Quick Ratio of My Size are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Quick Ratio i.e., My Size's Quick Ratio and Net Income go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Quick Ratio
A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in My Size financial statement analysis. It represents the amount of money remaining after all of My Size operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from My Size's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into My Size current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Issuance Of Capital Stock is likely to rise to about 6.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.2
M in 2024.
My Size fundamental ratios Correlations
Click cells to compare fundamentals
My Size Account Relationship Matchups
High Positive Relationship
High Negative Relationship
My Size fundamental ratios Accounts
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Additional Tools for MYSZ Stock Analysis
When running My Size's price analysis, check to
measure My Size's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy My Size is operating at the current time. Most of My Size's value examination focuses on studying past and present price action to
predict the probability of My Size's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move My Size's price. Additionally, you may evaluate how the addition of My Size to your portfolios can decrease your overall portfolio volatility.